Author: Hithaishi CB

SE Sultan Al-Marshad, the CEO of the Saudi Fund for Development (SFD), signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, HE Kahhorzoda Fayziddin Sattor. Under this agreement, the SFD will contribute $100 million to finance the Rogun Hydropower Project – a landmark initiative that will improve energy, food and water security and accelerate the country’s sustainable development. The signing was attended by the Ambassador of the Kingdom of Saudi Arabia to the Republic of Tajikistan, HE Waleed Al-Reshiadan, and the Ambassador of Tajikistan to Saudi Arabia, HE Akram Karimi, as well as other…

CF Industries Holdings, Inc. has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments. The companies allocated approximately $425 million of the purchase price to a long-term ammonia offtake agreement under which CF Industries will supply up to 200,000 tons of ammonia per year to IPL’s Dyno Nobel subsidiary at production economics. CF Industries funded the remaining purchase price with cash on hand. Tony Will, president and chief executive officer, CF Industries…

Syngenta Crop Protection, a global leader in agricultural innovation, has become a sponsor of the International Alliance for Phytobiomes Research, cementing a partnership between the research community and industry that is aimed at advancing both fundamental science and sustainable agriculture. Phytobiome is a collective term for plants within a specific growing environment, for example soil, and the complex interactions influenced by microbes, nutrients, animals, climate, weather, and management practices. This complex and dynamic ecosystem plays a crucial role in the health and functioning of crops, affecting their growth and overall well-being. For example, beneficial microbes in the phytobiome provide essential…

Zoomlion Heavy Industry Science & Technology Co., Ltd. organized the 2024 Zoomlion Agriculture Machinery Global Business Conference in Changsha , November 28-29. The event attracted nearly 1,000 distributors, including more than 140 international representatives from more than 20 countries. During the conference, participating distributors had the opportunity to take a close look at Zoomlion Agriculture Machinery’s cutting-edge equipment collection, consisting of 51 models across 12 categories. The product range covered the entire agricultural process from plowing and planting to harvesting, straw processing and drying. The innovative nature and advanced technology of these products were highly appreciated by visitors. “Zoomlion is poised to create a new paradigm…

South Korea’s Minister Chung Hwang-keun of Agriculture, Food and Rural Affairs of the Republic of Korea signed the memorandum of understanding (MOU) on agricultural cooperation between Korea and Nepal with Minister Beduram Bhusal of Agriculture and agreed to transfer Korea’s agricultural technologies to Nepal and strengthen public·private partnerships. Minister Chung also called on President Ramchandra Paudel of Nepal and discussed how to cooperate in dispatching Nepali workers and transferring K-agricultural technology, etc. As more than 60% of the total population of Nepal is dependent on agriculture for their livelihood, modernizing agriculture is one of main national development goals. Minister Bhusal…

Vietnam ITPC has reported that Vietnamese cashew exports during the 11-month period of 2023 has raked in $3.31 billion, representing a rise of 23.1% in volume and 17.4% in value compared to the same period from last year, according to data given by the Ministry of Industry and Trade. The nation’s average cashew export price throughout the reviewed period dropped by 4.7% to $5,682 per tonne on–year. In line with this, the country’s major cashew export items include W320, W240, and W180, accounting for 63.51% of the total export volume and 69.84% of export turnover, with this exerting a positive…

Malaysia has a huge potential to cement its presence in China’s market for palm oil and palm oil-based value-added products over the next three to five years while reducing further its dependence on the European market, said the Malaysian Palm Oil Board (MPOB). Chairman Datuk Mohamad Helmy Othman Basha acknowledged that China’s import volume of the commodity from Malaysia has slowly declined in recent years, but said that Malaysia is now focusing on exporting more value-added products to the country. “This is what we are (seeking) right now. We have no problem with Indonesia exporting a big volume of crude…

ADM, a global leader in human and animal nutrition, today announced that its North America Microbiology Lab, located at the ADM Specialty Manufacturing Facility in Decatur, Ill., has received ISO/IEC 17025:2017 accreditation by the ANSI National Accreditation Board. The ISO/IEC 17025:2017 accreditation is an internationally recognized standard that has been developed through technical committees of leading experts and stakeholders from around the world. Knowledge and best practices have been incorporated into the standard with the objective of promoting confidence in the operation of laboratories. The accreditation confirms that ADM’s Microbiology Laboratory will now be able to offer laboratory testing services…

Global leading brand in micro irrigation solutions, Rivulis, launches, available for free, to farmers and agri-businesses around the world the most comprehensive body of knowledge about drip irrigation in one place. A market-leading initiative that allows anyone involved in drip irrigation to upskill themselves and make sure their irrigation operation is world-class to maximize quality and yield. Remaining commercially viable in farming is becoming more challenging as margins continue to come under pressure. Climate change adds further complexity and getting your irrigation right is more important than ever before. With all farming operations, the key objective is to improve yields and quality,…

South Mill Champs, a vertically integrated North American producer and supplier of fresh mushrooms and mushroom-derived functional foods, proudly announces the acquisition of World Fresh Produce, a dynamic global company supply of fresh products. This strategic acquisition enhances South Mill Champs’ position in the general produce space, combining its mushroom expertise with World Fresh Produce’s expertise in specialty produce. Founded by Michel Matouk in 2018, World Fresh Product’s management team has decades of collective experience in the produce industry with a commitment to quality. The company’s focus on direct supply relationships with overseas producers creates value chains where customers get efficient and consistent supply,…